Income Limits by County

FY2027 Small Area FMR · Stanton, IA

ZIP 51573 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51573 (Stanton, IA) is $1,050 a month, up 1.9% from FY2026. That is 13% above the Montgomery County, IA area-wide FMR of $927.

2-bedroom SAFMR$1,050per month ▲ 1.9%
Area-wide 2 BR FMR$927Montgomery County, IA
Rank in the area4thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945
2 BR Small Area FMR$1,050
110% of SAFMR$1,155

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 51573 sits in the Montgomery County, IA area

$930$1,310median $1,010

Of the 13 ZIP codes HUD lists for the area, 51573 has the 4th highest two-bedroom Small Area FMR. Montgomery County, IA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $927 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$780$702 – $858$688$760
1 bedroom$960$864 – $1,056$852$940
2 bedrooms$1,050$945 – $1,155$927$1,030
3 bedrooms$1,440$1,296 – $1,584$1,267$1,420
4 bedrooms$1,560$1,404 – $1,716$1,378$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $86,800 and the 80% low-income limit for four people is $75,300. ZIP code 51573 lies mainly in Montgomery County. See the Montgomery County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
50864Villisca6.2 mi$930
51566Red Oak7.4 mi$1,010
51532Elliott11.0 mi$1,010
50857Nodaway11.6 mi$930
50847Grant12.6 mi$950
51638Essex13.8 mi$930

Questions

What is the Fair Market Rent for ZIP code 51573?

HUD's FY2027 Small Area Fair Market Rents for 51573 are $780 (studio), $960 (1 BR), $1,050 (2 BR), $1,440 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 51573?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51573 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 51573?

The FY2026 income limits of the Montgomery County, IA area apply: median family income $86,800, low-income (80%) limit $75,300 for a family of four.